The Federal Reserve affects you in more ways than you might think. From interest rates to the employment rate, here are all the ways the Fed affects daily life.

A criminal investigation of the Federal Reserve launched by the Department of Justice zeroed in on renovation of the Federal Reserve's headquarters.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony about the Fed’s building renovations.

The Fed doesn’t just set interest rates. It needs to be able regulate banks independently too, to make sure the financial system keeps running in good and bad economic times.

The Federal Reserve is on track to post its first systemwide profit since the fourth quarter of 2022. Since September, 2022, the combined expenses of the 12 Federal Reserve district banks and the Federal Reserve Board of Governors (BOG) have exceeded the ...

"The Department of Justice served the Federal Reserve with grand jury subpoenas," Federal Reserve Chair Jerome Powell said on Jan. 11.

A new bipartisan bill seeks to consolidate over 30 duty statuses under which National Guard members and reservists can be called to service to just four.

The Federal Reserve resumed securities purchases in December 2025, increasing its portfolio by $33.3 billion since late November. U.S. commercial banks currently hold nearly $3.0 trillion in excess reserves, maintaining substantial liquidity despite recent ...

The 1913 Federal Reserve Act created the current Federal Reserve System and introduced a central bank to oversee U.S. monetary policy.